v3.26.1
CONDENSED INTERIM CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 144,805 $ 168,907
Short-term deposits 14,350 16,433
Restricted cash 64 88
Trade receivables, (net of allowance for credit losses of $1,363 and $1,251 as of June 30, 2026 and December 31, 2025, respectively) 107,656 85,929
Contract assets 32,792 36,987
Inventories 65,490 45,430
Other current assets 34,583 37,406
Total current assets 399,740 391,180
LONG-TERM ASSETS:    
Long-term contract assets 7,193 7,890
Severance pay funds 7,269 6,941
Deferred taxes, net 17,923 15,558
Operating lease right-of-use assets 7,510 5,922
Other long-term assets 28,696 19,871
Total long-term assets 68,591 56,182
PROPERTY AND EQUIPMENT, NET 74,309 75,172
INTANGIBLE ASSETS, NET 48,994 53,986
GOODWILL 169,534 169,534
Total assets 761,168 746,054
CURRENT LIABILITIES:    
Current maturities of long-term loan 2,000 2,000
Trade payables 45,443 31,614
Accrued expenses 73,352 58,878
Advances from customers and deferred revenues 50,215 78,499
Operating lease liabilities 3,251 2,957
Other current liabilities 28,914 41,529
Total current liabilities 203,175 215,477
LONG-TERM LIABILITIES:    
Accrued severance pay 7,818 7,508
Long-term advances from customers and deferred revenues 71 67
Operating lease liabilities 4,364 3,102
Other long-term liabilities 1,131 19,622
Total long-term liabilities 13,384 30,299
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 0.2 par value: Authorized: 90,000,000 shares as of June 30, 2026 and December 31, 2025; Issued and outstanding: 77,029,657 and 73,831,318 shares as of June 30, 2026 and December 31, 2025, respectively 3,970 3,765
Additional paid-in capital 1,148,171 1,115,030
Accumulated other comprehensive loss (6,164) (3,768)
Accumulated deficit (601,368) (614,749)
Total shareholders' equity 544,609 500,278
Total liabilities and shareholders' equity $ 761,168 $ 746,054